Ola Electric Shares Offered 26% Below Market Price in Rights Issue
Ola Electric has set the price for its rights issue at ₹27 per share, which is 26% lower than the current market price. The stock fell by 6% following the announcement. Promoters have pledged 4.32% of their stake, and the company plans to raise ₹1000 crore through this rights issue. Investors are closely watching the developments tomorrow.
Hindustan·



